Hii guys this is trader kanishk
in this video i have told the simplest way to judge a stock wether a stock is in uptrend or in downtrend .
i recommend you to please watch this video complete.
Depends on market trend,
Incase if starts trading above 650, next target will be 665.
As it will be strong resistance, we can see from previous reversal ... incase if cross this level CESC will test 690 to 720 levels
Kindly add to watch list and trade with trend.
CESC 30 min chart Head and Shoulders
Head heigh approx 86 point
The potential down target at 500
For short traders, it is advisable that maintain stop-loss 600 nearby and trade. The stock is showing that it will move in the down direction.
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 8 to 15 times.
Breakout on daily candle
pullback to 760 a god levels to buy for the upcoming levels of 790 / 820 / 850
Twitter - @TheSachinJain
telegram - @Tradingbud
DO check previous levels that worked :)
